Apax / HIT Entertainment [2005] IECompA m05014 (5 April 2005)

Apax / HIT Entertainment [2005] IECompA m05014 (5 April 2005)

The proposed acquisition does not raise competition concerns and is not likely to substantially lessen competition in the relevant market.

Parties
Acquirer: Sunshine Acquisition Limited; Controller: Apax Europe V and Apax Europe VI; Target: HIT Entertainment plc
Jurisdiction
Ireland
Judgment Date
05 April 2005
Procedural Posture
Merger Notification / Preliminary Investigation (phase 1)
Outcome
approved
Legal Topics
Merger Control, Media Sector, Entertainment Industry
Competition Law Merger Control Media Sector Entertainment Industry

Case Brief

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Parties

Sunshine Acquisition Limited

Acquirer

Apax Europe V and Apax Europe VI

Controller

HIT Entertainment plc

Target

Procedural Posture

Merger Notification / Preliminary Investigation (phase 1)

Legal Issues

  1. 1 Whether the proposed acquisition would substantially lessen competition in the media and entertainment sector in Ireland

Ratio Decidendi

The proposed acquisition does not raise competition concerns and is not likely to substantially lessen competition in the relevant market.

Court Disposition

approved

Orders

  • The proposed acquisition is cleared and may proceed.